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Nov 27, 2013 1:00pm EST
the past year. the number one state on a percentage growth basis was massachusetts, that's also a pretty high taxed state and number one city for growing millionaires was new york city. with a 12 plus percent tax rate. so again, this could be despite the tax hikes in these places, not because of them. but basically this shows little correlation in how many millionaires a state can grow with the tax rates. >> really speaks, i guess, phil, more to the vibrancy of the economy. sometimes the sheer scale of the economy. i guess it should be no surprise that california would add the most. it's the biggest state and certainly has a very vibrant economy for growing millionaires in silicon valley. >> and i think that's what this does say. where the economy is growing, it's where these millionaires in many cases i know robert can talk about this, many of them are entrepreneurs or people who have built their millions and they've done it in areas where they can build a business. so yes, taxes play an important role, they always are for people who are extremely wealthy but at the end of the da
Nov 5, 2013 1:00pm EST
beer sales. and in massachusetts and new york, voters will decide on the development of new casinos. washington state and new jersey residents are going to be asked to raise the minimum wage ins those states. so lots of ballot initiatives to consider. >> absolutely, ty. it's going to be interesting to gauge the turnout on those -- some of those ballot questions as well. gold prices closing right now. it's been a little bit of a downside session. a lot of people are more focused on the oil market. sharon epperson tracking the action at the nymex. >> hey, there's a lot of focus on the oil market but traders are watching gold at the close and we are dipping a bit here as we go into the close and slightly lower by about $6 or so. the fact that u.s. dollar has gained some ground is one of the factors that's contributing to the slide in gold. some are saying they're looking at some of the positive economic data that we've gotten out as well as the retreat in the euro that's helped to lift the dollar. when you look at gold versus silver, we have seen, of course, them trending lower in ligh
Search Results 0 to 1 of about 2